Goldman dip

Goldman Sachs said its quarterly profit doubled, boosted by investment gains and a lower tax rate, but investors fretted that those factors will not be repeated in future periods, sending the bank’s shares down $2.76, or 1.7 percent, to close at $160.24 yesterday.

Cordray in

The Senate yesterday voted 66-33 to confirm Richard Cordray as director of the Consumer Financial Protection Bureau.

Aereo victory

Online TV service Aereo chalked up another legal win over broadcast TV networks yesterday when a federal appeals court declined to hear a case to shut it down.

Allison dies

Herbert Allison Jr., 69, former president and COO of Merrill Lynch, onetime head of the US bank rescue program and CEO of Fannie Mae, died Sunday.

Tesla tumbles

Tesla Motors shares fell the most in almost seven weeks after Goldman Sachs set a target price more than 30 percent lower than the electric-car maker’s close Monday. It closed at $109.05 yesterday, down 18.2 percent.